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Goldman Slams US Auto Sector As "Cycle Has Peaked", Downgrades Tesla

While storm clouds have been gathering over the US sector for months, with various adverse news reports building in recent weeks, such as the recent spike in subprime auto loans, which jumped 27% in August, or near record new-car sales incentives, or even Ford's recent warning that sales have "reached a plateau" and will be "at a lower level" in 2017, the straw that may have broken the cam
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